After a strong run, the cryptocurrency market saw a sharp decline due to geopolitical risks. If this pressure continues, the market shows signs of recovery. In addition, investors and traders are looking for ways to turn the decline into an opportunity. In this environment, an economist and trader with a large following predicts that Ethereum will reach its all-time high (ATH). He also names 5 altcoins that he expects to perform better.
Alex Krüger expects new ATHs for the leading altcoin!
cryptokoin.comAs you can see from , the market had a very difficult weekend. Although we started the new week with some hope, Bitcoin and altcoins are having difficulty gaining momentum. However, there is still hope for the future! Famous economist Alex Krüger says he expects new ATHs for the leading altcoin Ethereum. Krüger offers several basic premises for this. In this context, the economist says:
I fully expect ETH to trade ATH. I am long on ETH. I am using ETH. Good collateral and great for staking. ETH is still underperforming. Those who don’t use it for staking are in a bad situation. The reason is simple. Most people in crypto already own a lot of ETH. I’ve been talking about this for a long time. Ethereum maxis are upset, of course. Don’t be a maxi. This will only cost you money. If you’ve invested too much in ETH, the time to rebalance your portfolio is during market crashes like I suggested. Relative performance is important.
The fastest horses on the market: SOL, TON, WLD, AR and TAO!
Alex Kruger sees the broader crypto market correction as an opportunity. The economist notes that such periods are an opportunity to allocate to “faster horses” that can perform well when the upward momentum continues. In this context, he names 5 altcoins. According to Kruger, these horses include Solana (SOL), Toncoin (TON), Worldcoin (WLD), Arweave (AR) and BIttensor (TAO). The economist expresses his views on this issue as follows:
Market declines are the perfect time to reallocate from underperforming assets (e.g. ETH) to ‘higher quality’ faster horses (e.g. SOL, TON, WLD, AR, TAO).
“Bitcoin has not yet reached the top of the cycle!”
Alex Kruger also looks at Bitcoin, which has recently fallen sharply with increasing geopolitical risks. Kruger says that despite this decline, Bitcoin has not yet reached the peak of the cycle. The famous economist shares the following assessment on this subject:
I hope you can understand how bullish this BTC chart is. The only thing that has changed is that the market is now much healthier after a proper clean-up. Now everyone is talking about what an obvious peak this is. This is ridiculous. Forecast bias! The market was hot. But the market has been angry since mid-February. In fact, when the market got heated, those who exited sold Bitcoin below $50,000. Markets can stay hot for a very long time. War concerns triggered a correction. If there was no war, the correction would have occurred with BTC at much higher levels.
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